Lic New Jeevan Anand
vs
Flexi Smart Plus
- Choose your coverage tenure
- Multiple sum assured options
- Enhance coverage with add-ons
| PLAN DETAILS |
 Lic New Jeevan Anand |
 Flexi Smart Plus |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age - 75 years | Maximum Maturity Age - 65 years |
| Premium payment term | - | Annual, half-yearly, quarterly & monthly |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 50 years | Minimum Age - 18 years Maximum Age - 60 years |
| Sum assured | Rs 1 lakh to No limit | 10 times annual premium |
| Premium payment frequency | Annual, half-yearly, quarterly & monthly | Annual, half-yearly, quarterly & monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | Minimum term - 15 years Maximum term - 35 years | Minimum 5 years to Maximum 30 years |
| Claim Settlement Ratio (2023-24) | 98.62 | 98.39% |
LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection against death throughout the lifetime of the policyholder with the provision of payment of a lump sum at the end of the selected policy term in case of his/her survival.
It also takes care of liquidity needs with the loan facility. The plan is there to provide the needful financial support to the family members in case of the demise of the insured.
Moreover, the plan also comes with the survival benefit wherein if the policyholder survives till the end of the policy term, the plan will give a lump sum amount as a survival benefit.
LIC New Jeevan Anand Plan offers you a range of benefits including:
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